Question

Ford, an american car company, purchased volvo, which is based in sweden. what is this an example of? an independent agency a foreign direct investment a strategic alliance a multinational firm a licensing arrangement

Answer 1

The answer is a foreign direct investment. Foreign direct investment is a speculation made by an organization or individual in one nation in business interests in another nation, as either building up business operations or gaining business resources in the other nation, for example, proprietorship or controlling enthusiasm for a remote organization.